The Fulton Forward® Foundation, an independent, non-profit private foundation funded by Fulton Bank, today announced a $125,000 commitment to the Network for Teaching Entrepreneurship (NFTE) – a global educational nonprofit focused on bringing the power of entrepreneurship to youth in low-income communities.
The funds, which will be provided to the organization over a four-year period, will be used to support NFTE’s Aspiring Entrepreneurs Program, which provides students from under-resourced communities throughout the Mid-Atlantic (PA, NY, NJ and VA) region with access to the courses of NFTE’s Entrepreneurship Pathway and several key activities and components of the NFTE student experience.
“NFTE is proud to work alongside like-minded partner organizations such as Fulton Bank to provide equitable access to entrepreneurship training for young people,” said NFTE CEO Dr. J.D. LaRock. “Our aim is to activate the entrepreneurial mindset in young innovators through programs that combine project-based learning and business plan development with volunteer engagement and social responsibility. Through the Aspiring Entrepreneurs Program, students will learn how to develop an original business plan for companies that can be launched in their own community.”
Fulton’s grant and partnership with NFTE were announced at the Mid-Atlantic: Philadelphia Metro Youth Entrepreneurship Challenge on June 9 in Philadelphia where student finalists pitched their businesses to a panel of judges. Fulton President and COO Curtis Myers served as a VIP Finals judge and presenter at the event, which was co-sponsored by Fulton Bank.
“This is a great opportunity for Fulton to continue its mission of elevating communities through Fulton Forward and empower the next wave of entrepreneurs,” said Myers. “We look forward to growing our partnership with NFTE and leveraging Fulton’s resources as we join forces to help create the next generation of diverse entrepreneurs and job creators.”
“The Aspiring Entrepreneurs Program thrives on the support and engagement of local volunteers, advisors and supporters like Fulton,” said Peter Johnson, Development Director for
NFTE in the Mid-Atlantic region. “Fulton’s mission is a perfect complement to the work we do at NFTE, and we look forward to actively involving Fulton employees with our schools and students as we grow and expand this impactful program.”
About Fulton Forward® Foundation
Fulton Bank, N.A. established the Fulton Forward® Foundation as an extension of the company’s Fulton Forward® initiative. The Foundation is an independent, non-profit organization funded by Fulton Bank. The foundation provides financial impact gifts to 501(c)3 community partners that are working to advance economic empowerment, particularly in underserved communities.
Network for Teaching Entrepreneurship (NFTE) is a global nonprofit organization that provides high-quality entrepreneurship education to middle and high school students from under-resourced communities, as well as programs for college students and adults. NFTE reaches 50,000+ students annually in 25 states across the U.S. and offers programs in 18 additional countries. We have educated more than a million students through in-school, out-of-school, college, and summer camp programs, offered in person and online. To learn more about how we are promoting inclusive capitalism and building the next generation of diverse entrepreneurs, visit www.nfte.com.
About Fulton Bank, N.A.
Headquartered in Lancaster, Pa., Fulton Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Fulton Financial Corporation, a $26 billion financial services holding company, Fulton Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Fulton Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,200 employees to do the same. Through the Fulton Forward® initiative, we’re helping build vibrant communities. Learn more at www.FultonBank.com. Fulton Bank, N.A., Member FDIC.
Fulton Bank Director of Public Relations
Denise Berkhalter, APR
NFTE National Communications Director